Tag Archive for: employee morale

19
Sep

Update 9-19-11: I was interviewed in today’s Wall Street Journal about Bank of America’s recent downsizing announcement. ¬†Here are some excerpts from the article: Rumors of massive layoffs had been rippling through the ranks for months, according to one senior analyst at Bank of America. “A lot of people are really scared about what’s going […]

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4
May

This from today’s Wall Street Journal: General Motors Corp. confirmed Wednesday it will force salaried workers to take up to three months off each year with partial pay as part of an effort to reduce costs during its expected summer shutdown of its car-making plants. The program, called Salaried Downtime Paid Absence Policy, states that […]

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27
Jan

Even though we believe that layoffs should be used as a last resort, and have the published research to support it, there do come times when it’s necessary to lay off employees.¬† That’s why it was good to see Simon Constable in the Wall Street Journal recently recommend several ways in which to do it […]

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